Freestanding Manufacturing
For Sale
Contact for pricing
4530 Martin Luther King Jr Way, Oakland, CA 94609
RU-4-zoned facility with industrial permissions, offices, restroom, upgraded power, and front and rear roll-up doors.
Property Size4,500 SF
Price / SF$366.67
Days on Market100
Property Features for 4530 Martin Luther King Jr Way
General Information
Standard status
Active
Size
4,500 SF
Property subtype
INDUSTRIAL
Zoning
RU-4
Warehouse & Industrial
Warehouse Space
4,500 SF
Power
200 amps
Three-Phase Power
No
Building Details
Year Built
1922
Building Size
4,500 SF
Listing Agency:
Colliers | Oakland
(510) 986-6770
Listed By:
Paul O’Drobinak · License #01983402
(510) 433-5818
Source:
Moodyscre
Added: Jul 9
Changed: Oct 14
Last Checked: Oct 14 at 8:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Oakland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding 4,500 SF warehouse is configured for specialty food production and has previously accommodated food processing, handling, packing, and shipping operations. The building includes a concrete slab, one restroom, two small offices, and two roll-up doors positioned at the front and rear. New 200amp single-phase power supports the current industrial setup.
Located at 4530 Martin Luther King Jr Way in Oakland, the property carries RU-4 zoning with permitted residential, office, retail, and industrial uses. Built in 1922, the building offers a compact manufacturing and warehouse configuration with functional loading access and dedicated office areas.
Located at 4530 Martin Luther King Jr Way in Oakland, the property carries RU-4 zoning with permitted residential, office, retail, and industrial uses. Built in 1922, the building offers a compact manufacturing and warehouse configuration with functional loading access and dedicated office areas.
Key Highlights
- ±4,500 SF freestanding warehouse
- Configured for specialty food production, processing, handling, packing, and shipping
- RU‑4 zoning permits residential, office, retail and industrial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,851
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,020
$1.3M
Cap Rate 7%
$955,014
$955.0K
Cap Rate 9%
$742,789
$742.8K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$85.9K $19.08/SF
− Vacancy
−$7.2K −$1.60/SF
EGI
$78.6K $17.48/SF
− OpEx
−$11.8K −$2.62/SF
NOI
$66.9K $14.86/SF
Area
Oakland, CA
Vacancy
8.40%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,020
Cap Rate 7%
$955,014
Cap Rate 9%
$742,789
Alternative Uses
Best Use
Warehouse
$955.0K
$835.6K – $1.11M
NOI $66,851 @ 7.0% cap · market cap 4.05%
Second Best
Industrial
$786.5K
$688.2K – $917.6K
NOI $55,053 @ 7.0% cap · market cap 3.34%
Theoretical Best
Multifamily LT 5
$1.47M
$1.29M – $1.72M
NOI $103,130 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,183
Businesses Nearby
Explore this area
Business Placement
Demographics for 94609, CA
23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - RU-4-zoned facility with industrial permissions, offices, restroom, upgraded power, and front and rear roll-up doors.
Where is this manufacturing property located?
The property is located at 4530 Martin Luther King Jr Way Oakland, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: ±4,500 SF freestanding warehouse; Configured for specialty food production, processing, handling, packing, and shipping; RU‑4 zoning permits residential, office, retail and industrial uses
